• Apple average ebitda margin for 2023 was 32.75%, a 1.3% increase from 2022.
• Apple average ebitda margin for 2022 was 33.18%, a 2.57% decline from 2021.
• Apple average ebitda margin for 2021 was 32.35%, a 12.8% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.